Manappuram Finance Limited (“BONDS”)
ISSUE DETAILS
Issue Opening Date
Thursday, August 18, 2011
Issue Closing Date
Monday, September 05, 2011, or with an option to close earlier and/or extend upto a
period as may be determined by the Board.
Pay-in Date
3 (three) days from the date of receipt of application or the date of realisation of the
cheques/demand drafts, whichever is later.
Deemed Date of Allotment
The Deemed Date of Allotment shall be the date as may be determined by the Board of our
Company and notified to the BSE.
Issue Size
Base issue size of Rs. 400 Crores with an option to retain over-subscription upto Rs. 350
Crores for issuance of additional BONDs aggregating to a total of upto Rs. 750 Crores.
Instrument
Public Issue of Secured Redeemable Non-Convertible Debentures (“THE BONDS”).
Credit Rating-CARE
“CARE AA-“
Credit Rating-BRICKWORK
“BWR AA-“
Lead Managers
Morgan Stanley India Company Private Limited, A.K. Capital Services Limited, Axis Bank
Limited & ICICI Securities Limited.
Co-Lead Managers
RR Investors Capital Services (P) Limited, Karvy Investor Services Limited, SMC Capitals
Limited.
Lead Brokers to the Issue
Kotak Securities Limited, Morgan Stanley Financial Services Private Limited, A.K. Stockmart Private
Limited, ICICI Securities Limited, RR Equity Brokers Private Limited, Karvy Stock Broking Limited,
SMC Global Securities Limited, Bajaj Capital Investor Services Limited, Edelweiss Broking Limited,
Enam Securities Private Limited, Geojit BNP Paripas Financial Services Limited, HDFC Securities
Limited, India Infoline Limited, Integrated Securities Limited, JM Financial Services Limited and SPA
Securities Limited.
Trustee
IL&FS Trust Company Limited
Registrar
Link Intime India Private Limited
Interest on Application Money
@ 7% on application money on the amount allotted, subject to the deduction of Income Tax under the
provisions of the Income Tax Act 1961, as amended, as applicable. The interest shall be payable from the
Pay-In Date, and shall be payable until one day prior to the Deemed Date of Allotment.
Interest on Application Money
which is liable to be refunded
@ 3.00% on application money which is liable to be refunded in accordance with the provisions of the
Debt Regulations and/or the Companies Act, or other applicable statutory and/or regulatory requirements,
subject to the deduction of Income Tax under the provisions of the Income Tax Act 1961, as amended, as
applicable. The interest shall be payable from the Pay-In Date, and shall be payable until one day prior to
the Deemed Date of Allotment.
Allocation will be on First come first serve basis, determined on the basis of date of receipt of each application duly acknowledged
by the bankers to the issue.
Cheque / DD should be drawn in favour of “ESCROW ACCOUNT – MANAPPURAM BOND ISSUE” by all applicants. It should
be crossed “A/c Payee only”
Please write the sole/ first applicants name, phone no. and application no on the reverse of Chq/DD.
Bankers to the Issue:
AXIS Bank, Dhanlaxmi Bank, ICICI Bank, YES Bank.
Series
I
II
Minimum Application
Rs. 5,000 (5 BONDS)
The minimum number of Bonds per Application Form will be calculated on
the basis of total number of Bonds applied for under each such Application
Form and not on the basis of number of Bonds applied for in each Series of
Bonds.
Face Value/Issue Price
Rs. 1,000 (1 BONDS)
In Multiples Of
Rs. 1,000 (1 BONDS)
Interest Rate (%) per annum
1) For Bondholders in Category I
2) For Bondholders in Category II
3) For Bondholders in Category III
NA
12.00%
NA
12.00%
NA
12.20%
12.00%
12.34%
12.00%
12.34%
12.00%
12.56%
BSE
BSE
NA
Semi-annually
400 days from the deemed date of
allotment
24 months from the deemed date of
allotment
Rs.1,132.25 for BONDS in all
categories (face value + redemption
premium)
Face Value of the BONDS + any
interest that may accrued.
Yield on Maturity (%) (per annum)
1) For Bondholders in Category I
2) For Bondholders in Category II
3) For Bondholders in Category III
Listing
Frequency of Interest Payment
Maturity Date
Maturity Amount per Bond
An Applicant is allowed to make one or more applications for one or more Series of Bonds, subject to a minimum
application size of Rs. 5,000 and in multiples of Rs. 1,000 thereafter, for each application.
INVESTOR CATEGORIES AND ALLOTMENT
Category I
• Public financial institutions, statutory corporations, commercial banks, co-operative banks and regional rural
banks, which are authorised to invest in the Bonds;
• Provident funds, pension funds, superannuation funds and gratuity fund, which are authorised to invest in the
Bonds;
• Venture Capital funds registered with SEBI;
• Insurance Companies registered with the IRDA;
• National Investment Fund;
• Mutual Funds;
Category II
• Companies; bodies corporate and societies registered under the applicable laws in India and authorised to
invest in the BONDS;
• Public/private charitable/religious trusts which are authorized to invest in the BONDS;
• Scientific and/or industrial research organizations, which are authorized to invest in the BONDS;
• Partnership firms in the name of the partners; and
• Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership
Act, 2008
Category III*
The following persons/entities
• Resident Indian individuals; and
• Hindu Undivided Families through the Karta.
Foreign Institutional Investors, NRIs and Overseas Corporate Bodies are not permitted to apply in this Issue.
Applicants belonging to the Institutional Portion, will be allocated upto 20% of overall issue size.
Applicants belonging to the Non-Institutional Portion will be allocated upto 10% of overall issue size.
Applicants belonging to category III Applicants (Resident Individuals/HUFs) will be allocated upto 70% of
overall issue size (of which investors applying upto Rs.5 lakhs shall be given preferential allotment of BONDS
upto 35% of overall issue size).
* With respect to applications received from Category III applicants, applications by applicants who apply for
BONDS aggregating to a value not more than Rs. 500,000, across all series of BONDS, (Option I and/or
Option II), shall be grouped together, (‘Reserved Individual Portion’) while applications by applicants who
apply for BONDS aggregating to a value exceeding Rs. 500,000, across all series of BONDS, (Option I and/or
Option II), shall be separately grouped together, (‘Unreserved Individual Portion’).